On Boards & Bombardments

LAS VEGAS - NCUA Chairman JoAnn Johnson shared these thoughts on other issues:

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* Boards of directors: Credit unions could not live without them, but boards "must reflect the entire field of membership" [CUs are looking to serve.] "Is it really a good idea to have a board with 13 white males over the age of 65?" she asked.

* CURIA: "Hopefully, we are going to get this through. I thank you for your work in getting CURIA passed," she told the audience.

* Financial education: Johnson, a former school teacher, said no institution does it better than credit unions, but added, "I encourage credit unions to take it up a notch, if they can. Hit high school kids before they get bombarded with credit card offers when they go off to college."


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